Tesla shares plunged nearly 7 percent on Monday as investors registered dismay at Mr. Musk’s plans to form a third party and his intensifying feud with President Trump.

The French government, Bharti Space, CMA CGM and Fonds Stratégique de Participations announced they would invest €1.35 billion last month in a deal to help the company build out its fleet of satellit...

“We do not believe that the richest resident should receive special exceptions before or after they break the rules, which is a concerning trend for this individual's operations across our entire stat...